MYT Netherlands Parent BV (MYTE) Q4 2024 Earnings Report Preview: What to Expect

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MYT Netherlands Parent BV (MYTE, Financial) is set to release its Q4 2024 earnings on Sep 12, 2024. The consensus estimate for Q4 2024 revenue is $252.07 million, and the earnings are expected to come in at $0.02 per share. The full year 2024's revenue is expected to be $933.62 million and the earnings are expected to be -$0.17 per share. More detailed estimate data can be found on the Estimates page.

MYT Netherlands Parent BV (MYTE, Financial) Estimate Trends

Revenue estimates for MYT Netherlands Parent BV (MYTE) have remained steady at $933.62 million for the full year 2024 and $1.055 billion for 2025 over the past 90 days. Earnings estimates for MYT Netherlands Parent BV (MYTE) have also remained unchanged at -$0.17 per share for the full year 2024 and $0.10 per share for 2025 over the same period.

MYT Netherlands Parent BV (MYTE, Financial) Reported History

In the previous quarter of 2024-03-31, MYT Netherlands Parent BV's (MYTE) actual revenue was $258.02 million, which beat analysts' revenue expectations of $254.719 million by 1.3%. MYT Netherlands Parent BV's (MYTE) actual earnings were -$0.03 per share, which met analysts' earnings expectations. After releasing the results, MYT Netherlands Parent BV (MYTE) was down by -3.2% in one day.

MYT Netherlands Parent BV (MYTE, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 4 analysts, the average target price for MYT Netherlands Parent BV (MYTE) is $4.88 with a high estimate of $5.57 and a low estimate of $3.98. The average target implies an upside of 30.42% from the current price of $3.74.

Based on GuruFocus estimates, the estimated GF Value for MYT Netherlands Parent BV (MYTE, Financial) in one year is $14.81, suggesting an upside of 295.99% from the current price of $3.74.

Based on the consensus recommendation from 5 brokerage firms, MYT Netherlands Parent BV's (MYTE, Financial) average brokerage recommendation is currently 2.8, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.